Question 1 1 pts When a borrower defaults on the payment requirements of a loan, there are several options that the lender has at its disposal. When the lender allows the borrower simply to convey the property to the lender rather than pursue a court supervised process of terminating all of the borrower's claims of ownership of the property, this is commonly referred to as: short sale O bankruptcy deed in lieu of foreclosure foreclosure O equity right of redemption